UK Free Trade Agreement – Charm

India’s textile export to UK under FTA may offset US losses: CareEdge Ratings

The loss incurred due to the imposition of reciprocal tariffs on Indian textile exports to the United States (US) may be offset by a surge in exports to the United Kingdom (UK), buoyed by the recently concluded India-UK Free Trade Agreement (FTA), said CareEdge Ratings in a report. The report said that the ongoing FTA…

Auto cos fear lower UK tariffs may lead to Chinese dumping

Cs news11 months ago04 mins

New Delhi: The Indian automobile industry reacted with caution to FTA with the UK, which aims to reduce import duty to 10%. Companies, which are awaiting finer details, fear that lower tariff rates may be replicated in other trade agreements under discussion. They are also concerned about the possibility of “dumping of cheap Chinese parts…